Eastern Caribbean Currency Union: Financial System Stability Assessment, including Report on the Observance of Standards and Codes on Banking Supervision
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
This Financial System Stability Assessment on the Eastern Caribbean Currency Union (ECCU) reviews overall stability assessment. The fiscal position of the governments in the region has deteriorated sharply in recent years. A source of strength of the ECCU has been the large historical presence of strong foreign banks. However, the structure of the banking industry is changing with the entry of more aggressive regional banks, and the share of privately owned banks has increased. The limited activity of the organized ECCU securities markets reflects the small number of securities available for trading.
Series:
Country Report No. 2004/293
Subject:
Banking Commercial banks Credit bureaus Financial institutions Financial services Loans Offshore financial centers Securities
English
Publication Date:
September 14, 2004
ISBN/ISSN:
9781451811636/1934-7685
Stock No:
1ECCEA0012004
Pages:
38
Please address any questions about this title to publications@imf.org